FINANCIAL ADVISOR
Doerfer Corporation
M&A Advisory
A Subsidiary Of
Has Been Acquired By
Transaction Details
On March 7, 2025, Doerfer Corporation completed the sale of Votaw Precision Technologies, Inc. (“Votaw”) to Cerberus Capital Management, L.P. (“Cerberus”) for an undisclosed amount.
Votaw will be led by Cerberus’ Supply Chain and Strategic Opportunities platform, which invests in companies that address critical national shortage areas to drive innovation, promote resilient infrastructure, and increase security for the United States and its allies.
“Votaw’s commitment to quality and technical excellence has enabled us to deliver essential components to customers for more than six decades,” said Kevin Schrage, Chief Operating Officer of Votaw. “We are thrilled to be entering this new chapter with the Cerberus team who deeply understands our business, industry, and customer base, and brings an operational and strategic mindset that can support our growth. Together, we are excited to build on our core and complementary capabilities to extend Votaw’s impact across key areas of national importance.”
About the company
Doerfer Corporation
Doerfer Corporation is a world-class provider of innovative manufacturing solutions addressing large scale challenges for companies globally in the aerospace, defense, consumer, energy, and environmental markets. Doerfer Corporation is differentiated by its proven ability to develop and produce unique technologies and state-of-the-art solutions for clients who perceive their needs to be difficult or “impossible.”
Votaw Precision Technologies, Inc.
Founded in 1963, Votaw is a key U.S. supplier of precision manufacturing and machining for defense, space, and maritime platforms. Votaw operates from its 210,000-square-foot facility in Santa Fe Springs, California with vertically integrated capabilities, including vertical turning, large milling, fabrication, assembly, special processing, and testing and finishing.
Cerberus Capital Management, L.P.
Founded in 1992, Cerberus is a global leader in alternative investing with approximately $65 billion in assets across complementary credit, real estate, and private equity strategies. Cerberus invests across the capital structure where it believes its integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Cerberus’ tenured teams have experience working collaboratively across asset classes, sectors, and geographies as they seek to achieve strong risk-adjusted returns for investors.
Sources: Cerberus Capital Management, L.P. Press Release, Doerfer Corporation and Management.
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